Macro - Country Economic Forecasts - Malaysia
We have raised our 2024 GDP growth forecast for Malaysia by 0.1ppt to 4.5%. This reflects a moderation of momentum in H2 as the one-off factors which boosted growth in H1 unwind. We project the economy will expand by 4% in 2025. Meanwhile, upward price pressures appear to be growing, so we think monetary policy settings are unlikely to change in 2025.
- Malaysia: Domestic conditions do not support interest rate cuts
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Risk warnings
- What to watch out for
- Exposure to key global risks
- Long-term prospects
- Background
- Economic development
- Structure of the economy
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